Settings8H · net · $10k
Funding arb · Price arb /

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0098%/8h= −10.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.035%
Price spread now: Nado against Hotstuff−0.014%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EURUSD-PERP1.14820.0104pay 0.0013% / 1h3m 03s$33K50x
ShortNado EURUSD-PERP1.14800.0006get 0.0001% / 1h3m 03s$467K$153K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Hotstuff. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.6
Price spread: −0.014% → 0.000%
−$1.41
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$28.4
Costs to cover
0.064%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Nado: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Nado live order book, 50 min ago1.22 bp2.0 bp −$22.7 bp −$27doesn't fitdoesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EUR on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EUR_USDT−0.0242%4h1.1479−0.026%$6.8M$135K100xas long as short
Hibachi EUR/USDT-P−0.0240%1h1.1476−0.050%$170K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0179%1h1.1473−0.076%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1487+0.045%$2.1M$415K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482+0.001%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1480−0.017%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1479−0.026%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1477−0.044%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1481−0.009%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1484+0.017%$13K$263K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERPshort+0.0006%1h1.1480−0.014%$467K$153K40x
Extended EUR-USD+0.0032%1h1.1477−0.040%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.136%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1509+0.236%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1480−0.017%$191K$63K50xas long as short
Hotstuff EURUSD-PERPlong+0.0104%1h1.1482long leg$33K50x
Aevo EURUSD-PERP+0.0104%1h1.1484+0.021%$12K10xas long as short
tradeXYZ xyz:EUR+0.0157%1h1.1481−0.009%$23.3M$1.6M50xas long as short